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20121202
20121210
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Search Results 0 to 22 of about 23 (some duplicates have been removed)
on election 2012. >>> thanks for watching "state of the union." if you missed us, search itunes for state of the union. >>> this is "gps." welcome to all of you in the united states and around the world. i am fareed zakaria i can't. we'll take you around the world today starting with egypt. the nation has erupted. we'll explain what the power struggle between the president and the courts means for the rest of the arab world and the world at large. >>> then china's new leaders. we know their names but who are they and what can we expect from them. is this china's gorbachev or will he take a hard line? >>> finally, the black swan, a best seller some say prediktsd the economic crisis. its author on his fascinating new book. >>> and the next phase of europe's crisis. which nations might find themselves split apart. i'll explain. >>> first, here is my take. arafat's body has been exhumed for investigation. bringing back memories of the unpredictable palestinian leader. the news broke at a time when a conventional wisdom has begun to take hold that the middle east today is much more dangerous,
.60 as we wait for the pmis. the most searched terms apparently of 2012 were the u.s. election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let us thouknow. worldwide at cnkrchlt nbcnbc.co. >>> starbucks is changing the way it pays taxes in the uk this after harsh criticism of tax avoidance from the british government. more when we come back. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> words of caution from the bank of japan chief at forum in tokyo. the governor said central bankers need to take a long term policy perspective if they want sustainable g
next sunday we can put a period on election 2012. thanks for watching "state of the union." >>> this is "gps." welcome to all of you in the united states and around the world. we'll take you around the world today starting with egypt. the nation has erupted. we'll explain what the power struggle between the president and the courts means for the rest of the arab world and the world at large. >>> then china ease new leaders. we know their names but who are they and what can we expect from them. >>> the black swam predicted the economic crisis. the author on his fascinating new book. >>> which nations might find themselves split apart. i'll explain. >>> first, here is my take. arafat's body has been exhumed for investigation. the news broke at a time when a conventional wisdom has begun to take hold that the middle east is much more dangerous, unstable, violent and anti-american than before. let's take a look at facts. in the 1980s the newly empowered radical unsettled the region with its promise to spread its revolution elsewhere. lebanon was in the midst of a bloody civil
be done during governing season. even now before we get to next year, the election year, even now it's time to focus on governing and serving people. >> booker for senate, 2013? >> again, my focus right now is trying to figure out what that next step will be that is in accordance with my values. life is about purpose, not position. my value is i want to find whatever i do that can best make a contribution to the people in the city i love and the state i love. you and i both know this because you have done some great shows on this. we live in a country that has so much work to do. we still live in a country where men and women are denied equal citizenship rights because of who they decide to love. we live in a country where we have an abject failure in war on drugs that is costing taxpayers billions and billions of dollars and locking up more people than any country on earth. we still haven't faced up to immigration policy. we still have poverty, people working full-time jobs, still below the poverty line. there is an urgency to address one simple test. when a child stands up in oakla
going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an idea, though, of where berlusconi stands and what the situation is like within that central right next. the pdl has made it clear that there is a serious disagreement within the party. they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to get that within his own party. as far as the situation overall is concerned, we did see the spread go higher and there are concerns. the minute you touch this jittery topic of the politics here in italy, the market gets very, very concerned. so what has come out officially by the president of italy is that he's officially not calling a consultat
it seem to you that the president feels as though he has some leverage here? he won the election, right? >> he did. >> maybe that accounts for what's in his proposal. >> yeah. this is clearly a different president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a deal. no, that's not what it was. the white house -- this is alfonse gaston a little bit here. and so they're waiting for the republican response. and what they're really talking about, brooke, is getting some kind of a first step. a down payment. ironically they all know what -- in the big picture needs
change. elections happen. there are consequences to those elections. yes, i think you'll see a different product come out. but i think the key is you're going to see a balanced approach with both revenue and spending cuts. you're going to see at least $4 trillion because that is the minimum amount you have to reduce the deficit in order to stabilize the debt and get it on a downward path as a percent of g.d.p. >> ifill: you said a moment ago that this is theater. these are both like opening bids that either side is going to reject. how do we get past that? how do they get past that if, in fact, the catastrophe everyone is warning about is to be avoided. >> if they got to agreement the way washington is too quickly, their own side would just kill 'em because they wouldn't think they had negotiated hard enough. you know, they've got to go through this exchange. this is no different than when, you know, you list your house, you know, you put up one price, somebody comes in with a lower price, you kind of reach a middle ground. the thing i'm sure of is that we got to end up with at least $4
. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot up to 7.5%. we know with the draghi put that that won't happen, but we don't want to think that there is only one way -- >> yesterday said, look, sort of the idea of the risk on phrase, certainly for --
talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. the issue isn't simply the negative result of going over the cliff, but it's also that business, consumers, everybody continues to hold back on the uncertainty. and we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. so i think a lot of what's going on is what you would expect to see in this negotiation, very public negotiation, which is not the best way to do it. i think at some point, the preside
't, no. she's a leftist in her politics, she's a celebrity who supported him in his re-election, and she's a monster to work with. are those not diplomatic characteristics that we'd welcome in someone who goes to london as our ambassador? i'm joking, obviously. megyn: well, you list the accurate, you know, the stuff you said about her is reportedly true. i mean, she's notorious for being difficult to work with and so on. but all the presidents do this. this is what they all do. if you raise a lot of money for me and i'm running for president, you're going to be an ambassador. that's half the reason people do it. >> however, president obama back in '08 when he first became president, he said he was going to appoint more professionals with diplomatic experience to the service. since then he has appointed 59 ambassadors, 40 of which have no diplomatic experience -- megyn: but she is, she is half british. >> so what? [laughter] megyn: that is a fulfillment of his promise. >> wait a minute, she might be up for ambassador not just to england, but to france. megyn: oh. >> i suppose being britis
of a presidential election and we have one on the 19th of this month. market consensus is that the bank of korea will cut key rates again in the first half of next year to perk up the economy. and in reaction to this, the korean yuan weakened against the dollar and many traders stayed on the sidelines while keeping an eye out for the possible intervention. the yuan that's gained about 9% since may is worrying to korean officials here since the economy is very much driven by its exports. ross, back to you. >> joining us for more, strategist at bnp paribas. so, look, growth came in at more than three year low. what happens to the korean yuan now? >> well, it has been quite well supported, but it hasn't been able to put the mark against the u.s. dollar. bok is worried that the yuan is a little too strong against the yen. so i think it's interception that stopped the yuan from appreciating. the macro drivers be it strong fundamentals, relatively high yielding currency, that still i think puts it in fairly good light of appreciation. >> japanese government bpds, ten year futures at a record high. med
can't be serious. we have 7 weeks went election and the end of the year and three those weeks have been wasted. bill: flabbergasted, rich. wasting time. three weeks gone by. >> well, yeah, i think this offer speaks more to a desire on the part of the white house to break and humiliate republicans than it does to have a serious negotiation. on the other hand way these things work. you can pretty much go to sleep until right at the end, then it's days before it's goark yaitd. but it wouldn't surprise me if we do go over the cliff. they should pass an extension of all these tax cuts, make it clear they want to keep them for everyone including have much for the middle class. john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address r
, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before submitting its fiscal 2013 plan in february. so a senior lawmaker predicts that the fiscal 2013 budget will not actually pass until mid may. that's more than a month into the new fiscal year. and if the government can't get the job done by the end of march, a provisional budget will be needed. opinion polls show the gap between the ldp and the ruling democratic party has been narrowing. that means if the ldp can't get their majority, these bills could be delayed even more. back to you, ross. >> all right, thanks for that. that's the late fres the nikkei. still to come, the business of entertainment in asia, it's big. going to get even
? there was an election. >> that was not a serious offer that was made. >> well, it was an offer and the republicans haven't made a serious or nonserious offer, joe. >> you've got to go through the house. where is the house plan? >> well, i don't know. but that's -- >> stay tuned. >> our guest hosts will be with us for the rest of the program. up next, we'll talk about monday morning markets. goldman sachs jim o'neill is our special guest. find out if europe or the fiscal cliff is keeping him up at night. >>> later, food for thought. our how dominos is handling economic conditions and their plans to hire for the holiday season. >>> do you think this group of people will find some common sense solution? >> yeah, i think they will. i'm not sure thooes they'll do it by december 1st. >> we know a lot about the opportunities are if they don't. >> in private, in my view, he'll get to something. >> we encourage congress to put aside the political rhetoric and rise above it to make sure we have revenue >>> welcome back, everybody. let's get a sense of where the market is heading in 2013. joining us right now is j
but that was a vatican account not his personal account. the pope is officially a tweeter. >> the presidential election became the most searched item. the election was over one of the second was iphone 5 and no. 3 cam car- she and because of the divorce with chris humphries. also kate capt., kate will tran and whitney houston. >> and card test and is in bahrain right now and there have been some protest. >> i wonder why >> got the of the next hour following five days of rain will have more on the storm taking place in the bay area today. also the sinkhole and lafayette. we're waiting for the next round of rain and erica kato will have the the timing on the forecast. keeping an eye and washington politicians are getting nowhere as they try to deal with the fiscal cliff that is just 28 days away. will be back in two minutes after this quick break. 0ñ@Ñ
out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to see the republican party's numbers in the 20s. they have no leverage on this thing. >> not going to happen. megyn: we'll leave it at that. thank you both. just ahead. a much more somber note. new warning about the sarin gas threat in syria. city drivers claim a class action that the traffic cameras are actually rigged. soot whole world is watching and the president of the united states made clear there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. megyn: that was leon panetta with a warning that the united states and our allies will not tolerate a chemical attack by syria. we got reports that they were mixing the chemical weapons earlier this week. focusing new attention on saddam hussein's 1988 massacre of the kurds. thousands of innocent people died in that attack. many of the victims were women and children. i
't know, maybe because he thinks he can. he won a big election and push it on whether it's right or wrong. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cu
the election and he feels like he ought to be able to squeeze a heck of a lot out of them. and he's playing hardball. and the cost is that as you folks have noted, we definitely absolutely 100% will go into a recession if they fail. and by playing chicken like this, what the president is doing is telling people right now in december to stop their economic activity because there's this scary thing that might happen if the coin flip comes up. so i think that eat big problem right now. >> i initially read the "new york times" piece about boehner gaining some backing of the house. it's basically saying the guys that wouldn't have gone along with them before in caving are now ready to careful with them. so it's like the same article. >> i think it's 50/50 that we don't get that. i'm not exactly sure that the president doesn't think that if we question over the cliff, that he can blame that on republicans. and then try to fix it next year. but from a position of money. >> secretary geithner said they're ready to go over the cliff. >> and i think that they are. and it's really up to republicans to
Search Results 0 to 22 of about 23 (some duplicates have been removed)